2007-09-19 14:36:47 · 4 answers · asked by Ray K 1 in Social Science ➔ Economics
Typically 4%, I believe, but I would Google it to be certain.
2007-09-19 14:42:08 · answer #1 · answered by nicolemcg 5 · 0⤊ 0⤋
the structural unemployment rate. That is, there is a certain amount of unemployment that naturally exist in a market in equalibrium as people move around jobs and prepare to exit and enter the workforce (looking for jobs). This structural unemplyment is not defined precisely but somewhere between 3-5 % is probably right.
2007-09-23 20:16:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It depends. It's not necessarily 0%. Historically economists have had a range of opinions on what unemployment rate constitutes full employment.
2007-09-19 21:43:35 · answer #3 · answered by SoulDawg 4 UGA 6 · 0⤊ 0⤋
full employment means that all resources are employed and utilized.
for a specific %, economists have different views on standard unemployment % or full employment rate depending on various economists' political biases, country, and time...
2007-09-20 03:43:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋